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Retail giant Mickey Drexler on how the industry could transition post-pandemic

The retail industry was one of the hardest hit when the coronavirus shutdown began. Now shoppers are forming long lines to get into stores as they reopen. Even beaten down department store stocks are rising along with other well-known retailers. Mickey Drexler, founder of Drexler Ventures and former chairman and CEO of J. Crew, joins "Squawk Box" to discuss why he says the industry must now think "small."

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